✓Hyperliquid is our top-ranked GMTrade alternative (8.8/10).Lighter is our top-ranked GMTrade alternative (7.5/10).edgeX is our top-ranked GMTrade alternative (7.2/10).Derive is our top-ranked GMTrade alternative (7.1/10).dYdX is our top-ranked GMTrade alternative (6.9/10).GMX is our top-ranked GMTrade alternative (6.8/10).Aster is our top-ranked GMTrade alternative (6.6/10).Extended is our top-ranked GMTrade alternative (6.6/10).Aevo is our top-ranked GMTrade alternative (6.3/10).Paradex is our top-ranked GMTrade alternative (6.2/10).Nado is our top-ranked GMTrade alternative (6.1/10).Pacifica is our top-ranked GMTrade alternative (6/10).BullX is our top-ranked GMTrade alternative (5.9/10).GRVT is our top-ranked GMTrade alternative (5.9/10).Ostium is our top-ranked GMTrade alternative (4.7/10).Vest Markets is our top-ranked GMTrade alternative (4.7/10).Helix is our top-ranked GMTrade alternative (4.3/10).
✓Of the alternatives that charge a trading fee, Extended has the lowest spot taker fee (0.025%).Of the alternatives that charge a trading fee, Aster has the lowest spot taker fee (0.04%).Of the alternatives that charge a trading fee, Helix has the lowest spot taker fee (0.05%).Of the alternatives that charge a trading fee, Hyperliquid has the lowest spot taker fee (0.07%).Of the alternatives that charge a trading fee, dYdX has the lowest spot taker fee (0.1%).The comparison table on this page shows the spot fees of each alternative.
✓Hyperliquid lets you start trading without full identity verification.Lighter lets you start trading without full identity verification.edgeX lets you start trading without full identity verification.Derive lets you start trading without full identity verification.dYdX lets you start trading without full identity verification.GMX lets you start trading without full identity verification.Aster lets you start trading without full identity verification.Extended lets you start trading without full identity verification.Aevo lets you start trading without full identity verification.Paradex lets you start trading without full identity verification.GRVT lets you start trading without full identity verification.Ostium lets you start trading without full identity verification.Helix lets you start trading without full identity verification.None of the alternatives open to you trades without identity verification (KYC).
GMTrade is a crypto-only exchange: the only way in or out is crypto, with no card or cash deposit for topping up. Spot trading runs through a decentralized setup, so a trader who wants a wider mix of built-in tools may feel boxed in. There is no copy trading to follow other traders, no lending or loans against your holdings, no trading bots to automate a strategy, and no demo mode to practice first. Options traders have nothing here, and anyone wanting NFT, prediction or peer-to-peer features will not find them. For someone who wants those products in one place, GMTrade falls short.
What a replacement for GMTrade should offer
Futures are the core here, covering 70 coins across 92 contracts, so a replacement should offer comparable depth if derivatives matter to you. Spot trading sits alongside that, giving you a place to buy and sell outright rather than only trading contracts. Staking is available too, letting you put idle coins to work for a yield without moving them elsewhere. Being a decentralized exchange, GMTrade lets you trade from your own wallet rather than handing custody over, so if you value keeping control of your keys, check that any option above works the same way.
How to move from GMTrade to another exchange
Funds leave GMTrade as crypto, so you will be sending coins to an outside wallet or another platform rather than cashing out to a bank. Since you trade from your own wallet on a decentralized setup, custody stays with you, but close any open futures positions first so that margin is freed up, and unstake anything you have committed, since staked coins are locked until released. Have the destination ready and send a small test transfer on the right network before moving the full amount.
How we pick
Venues from the same exchange class as GMTrade (DEX) lead the list, followed by strong venues of other classes. Each block is ordered by CWR Score, which weighs live fee, security, regulation and feature data, the same figures shown on every card and in the table on this page. The list is also checked against your country: a venue that restricts your market is replaced by the next eligible one. We never reorder for commercial reasons.
Questions
Frequently asked
Hyperliquid leads our GMTrade alternatives comparison, scoring 8.8/10 on live fee, security and feature data.Lighter leads our GMTrade alternatives comparison, scoring 7.5/10 on live fee, security and feature data.edgeX leads our GMTrade alternatives comparison, scoring 7.2/10 on live fee, security and feature data.Derive leads our GMTrade alternatives comparison, scoring 7.1/10 on live fee, security and feature data.dYdX leads our GMTrade alternatives comparison, scoring 6.9/10 on live fee, security and feature data.GMX leads our GMTrade alternatives comparison, scoring 6.8/10 on live fee, security and feature data.Aster leads our GMTrade alternatives comparison, scoring 6.6/10 on live fee, security and feature data.Extended leads our GMTrade alternatives comparison, scoring 6.6/10 on live fee, security and feature data.Aevo leads our GMTrade alternatives comparison, scoring 6.3/10 on live fee, security and feature data.Paradex leads our GMTrade alternatives comparison, scoring 6.2/10 on live fee, security and feature data.Nado leads our GMTrade alternatives comparison, scoring 6.1/10 on live fee, security and feature data.Pacifica leads our GMTrade alternatives comparison, scoring 6/10 on live fee, security and feature data.BullX leads our GMTrade alternatives comparison, scoring 5.9/10 on live fee, security and feature data.GRVT leads our GMTrade alternatives comparison, scoring 5.9/10 on live fee, security and feature data.Ostium leads our GMTrade alternatives comparison, scoring 4.7/10 on live fee, security and feature data.Vest Markets leads our GMTrade alternatives comparison, scoring 4.7/10 on live fee, security and feature data.Helix leads our GMTrade alternatives comparison, scoring 4.3/10 on live fee, security and feature data.
Of the alternatives that charge a trading fee, Extended has the lowest spot taker fee (0.025%).Of the alternatives that charge a trading fee, Aster has the lowest spot taker fee (0.04%).Of the alternatives that charge a trading fee, Helix has the lowest spot taker fee (0.05%).Of the alternatives that charge a trading fee, Hyperliquid has the lowest spot taker fee (0.07%).Of the alternatives that charge a trading fee, dYdX has the lowest spot taker fee (0.1%).The comparison table on this page shows the spot fees of each alternative.
Yes. Hyperliquid allows trading without completing full KYC verification.Yes. Lighter allows trading without completing full KYC verification.Yes. edgeX allows trading without completing full KYC verification.Yes. Derive allows trading without completing full KYC verification.Yes. dYdX allows trading without completing full KYC verification.Yes. GMX allows trading without completing full KYC verification.Yes. Aster allows trading without completing full KYC verification.Yes. Extended allows trading without completing full KYC verification.Yes. Aevo allows trading without completing full KYC verification.Yes. Paradex allows trading without completing full KYC verification.Yes. GRVT allows trading without completing full KYC verification.Yes. Ostium allows trading without completing full KYC verification.Yes. Helix allows trading without completing full KYC verification.No. None of the alternatives open to you trades without identity verification.
Venues from the same exchange class as GMTrade (DEX) lead the list, followed by strong venues of other classes. Each block is ordered by CWR Score, which weighs live fee, security, regulation and feature data, the same figures shown on every card and in the table on this page. The list is also checked against your country: a venue that restricts your market is replaced by the next eligible one. We never reorder for commercial reasons.
